How to Trade the Bullish Engulfing Pattern 🏯

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Bullish engulfing candlestick pattern. http://www.financial-spread-betting.com/course/reversal-candlestick-patterns.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! This is a useful candlestick pattern although it doesn't materialise very often. Let's see what it is, and when its best to take the trade when we see it, where to place the stop if we get it wrong, and ultimately how we can use it to help us make money in trading. This engulfing pattern is a bullish signal - the prior day is a down day and this is followed by a gap lower and then intraday we undo all of that - we take the prior day's close, open and high and we close above the prior day's high. I like to see a fully engulfing candle. This is a gap lower that is ultimately rejected by the market. I don't like seeing this market when the market is in a downtrend; it can still work but its less likely.

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